Connect with us

Digital Health

4 ChatGPT Stocks To Watch In February Trading For Pennies

ChatGPT AI Penny Stocks To Watch As Machine Learning Tech Heats Up
The post 4 ChatGPT Stocks To Watch In February Trading For Pennies appeared first on…

Published

on

This article was originally published by Penny Stocks

Are “ChatGPT Stocks” On Your Watch List This Month?

Unless you’ve been living under a rock, you’ve heard about ChatGPT. It has taken the market by storm, and investors frantically search for ways to buy ChatGPT stock. Since it’s still a private company, there aren’t many direct ways to take a stake in the AI chatbot platform. But you could find companies that are either integrating their technology or developing artificial intelligence applications independently. In this article, we look closely at a few AI penny stocks trading for under $1 right now.

What Is ChatGPT Anyway?

ChatGPT is a language model developed by OpenAI. It can understand natural language and conversational engagement. It’s trained on an extensive text database, enabling it to understand and respond to a broad range of questions or statements like a human. ChatGPT can quickly generate responses at scale as well.

That is one of the reasons why companies like customer service centers are using it at the enterprise level. ChatGPT has become a cost-effective solution for handling repetitive or predictable tasks compared to human labor. Thanks to these attributes, the platform has garnered immense interest in a very short period.

According to UBS, ChatGPT averages 13 million unique visitors a day. For that reason, technology companies are looking to both harnesses the power of the AI platform and design a competing product. This week, companies including Alibaba (NYSE: BABA), Bidu (NASDAQ: BIDU), and Alphabet (NASDAQ: GOOGL) released ChatGPT-related headlines. Most of the news focused on the design of a competing technology.

Microsoft (NASDAQ: MSFT), a significant investor in the chatbot platform, just added another $10 billion to its AI bet. It is now set to arm its search engine and browser with tech that it says is “more powerful” than ChatGPT. “AI will fundamentally change every software category, starting with the largest category of all – search,” said Satya Nadella, Chairman and CEO of Microsoft, this week. “Today, we’re launching Bing and Edge powered by AI copilot and chat to help people get more from search and the web.”

With the AI wars beginning to heat up, traders are hunting for the next start-ups and small companies to watch. Here are a few with AI or ChatGPT-related headlines that are turning heads in the stock market today.

ai chatgpt stocks penny stocks to watch

AI Penny Stocks To Watch Under $1

Guardforce AI (GFAI)

Shares of Guardforce AI stock surged this year, with the bulk of that move coming within the last few weeks. The company secured two long-term contracts with clients for secured logistics services. These contracts began this quarter, and the first is a 5-year agreement with Don Muang Tollway Public Company Limited to provide a range of services.

The toll road operator will utilize the Guardforce Deposit Machines at toll plazas. It will also provide cash handling and cash-in-transit, and coupon counting. The other contract is for three years with a retail chain store in Thailand. Guardforce will provide cash-in-transit and counting services for roughly half of the retail company’s stores.

If GFAI stock is on your list of “ChatGPT stocks” right now, the company also has a pending acquisition hanging in the balance. Late last year, GuardforceAI announced a definitive agreement to acquire assets of Shenzhen Kewei’s robot business. The plan is for this deal to enhance Guardforce’s Robot-as-a-Service sales and capabilities. The roughly $2.1 million purchase is expected to be completed this quarter.

Penny Stocks To Buy Now? 5 To Watch After News This Week

In the related press release, the company said, “With the assets acquired through this acquisition, along with the robotic companies Guardforce AI acquired in March of 2022, the Company’s total robotic-related revenue across the entire China market is expected to reach approximately $12 million in 2023, with strong growth projected over the next three years.”

Aurora Mobile Limited (JG)

When you talk about “ChatGPT stocks,” Aurora Mobile is more directly tied to this trend than other AI companies. That’s because Aurora’s latest headlines mention the chatbot platform by name. In particular, the customer engagement and marketing services company reported that it would use ChatGPT’s technology to beef up its JPush push notification solution.

In this week’s update, Aurora stated, “Moving ahead, Aurora Mobile will also apply ChatGPT’s technology to its email and SMS solutions for developers, and further enrich the application scenarios of ChatGPT and other related technologies in its SaaS business. The Company will continue to improve its products and services leveraging AI technologies to empower enterprises’ digital transformation.”

The latest news comes less than a month after Aurora strategically partnered with another top chat technology platform, WhatsApp. It plans to offer services to support messaging, including JPush, its SMS platform, and email service solutions.

WeTrade Group Inc. (WETG)

Shares of WeTrade only recently saw an uptick in trading activity. The company provides technology services across three primary business segments. These include its YCloud micro-business cloud system, WTPay to support methods of online payment and digital wallets, and Y-Health, which WeTrade engages in developing businesses for biological health and medical enterprises.

Earlier this year, the company engaged with Hangzhou Parallel Space to develop a virtual human tech platform. CEO Hechun Wei explained last month, “Advancing to the virtual human industry is an important step for the Company to upgrade its digital technology services in 2023. In recent years, the virtual human application has gone beyond the stage of virtual anchor, interactive entertainment, education and training, government services, among others, and expanded to other industries. The empowerment and employment of digital virtual human and real economy interaction will become inevitable.”

This week the focus is slightly different. WeTrade announced plans to launch a “ChatGPT style” technology. The initial demo product combines OpenAI content-generating technology with WeTrade’s Yloud. WeTrade said it would apply it in WeChat, Alipay, Baidu, and other “mini programs” to improve user experiences. With this new launch, WETG stock popped in early trading on Wednesday.

3 Penny Stocks To Buy According To Insider Bets Up To $25 Million

Predictive Oncology Inc. (POAI)

Artificial intelligence isn’t only found for broad tech; it’s also being used in healthcare & biological settings. Prediction Oncology is one of the companies using machine learning to achieve favorable outcomes. Since last quarter, POAI stock has been moving thanks to reaching new company milestones. Strong earnings have also helped move the needle.

Its AI platform is being used to develop cancer therapies. Predictive can use a biobank of over 150,000 cancer tumors against drug compounds for drug development ranging from early discovery to clinical trials. It’s using its platform to help drug companies make higher confidence predictions regarding which molecules may or may not be successful and potentially lead to commercial-grade candidates.

ChatGPT Penny Stocks To Watch

  1. Guardforce AI (NASDAQ: GFAI)
  2. Aurora Mobile Limited (NASDAQ: JG)
  3. WeTrade Group Inc. (NASDAQ: WETG)
  4. Predictive Oncology Inc. (NASDAQ: POAI)

The post 4 ChatGPT Stocks To Watch In February Trading For Pennies appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

artificial intelligence
ai
machine learning
software
healthcare
medical

shares
trading

buy

Digital Health

Keep it Short

By KIM BELLARD OK, I admit it: I’m on Facebook. I still use Twitter – whoops, I mean X. I have an Instagram account but don’t think I’ve ever posted….

Continue Reading
Life Sciences

Asian Fund for Cancer Research announces Degron Therapeutics as the 2023 BRACE Award Venture Competition Winner

The Asian Fund for Cancer Research (AFCR) is pleased to announce that Degron Therapeutics was selected as the winner of the 2023 BRACE Award Venture Competition….

Continue Reading
Digital Health

Seattle startup Olamedi building platform to automate health clinic communications

A new Seattle startup led by co-founders with experience in health tech is aiming to automate communication processes for healthcare clinics with its software…

Continue Reading

Trending